The Federal Reserve cut interest rates by a half-percentage point Wednesday and is projecting another half-percentage point ...
Investing.com-- Gold prices rose in Asian trade on Friday as the dollar fell following an outsized interest rate cut by the ...
Powell indicated the Federal Reserve will ... global policy makers expressed concern over the Federal Reserve’s stimulus campaign and the possible consequences when it ends.
US official interest rates are due to be reduced by 25 basis points from the current range of 5.25% to 5.50%, almost ...
The cut came in at the high end of expectations and marks a turnabout for a Fed that has been fighting inflation since 2022.
Just a month ago, Fed Funds futures were pricing at a 53% chance of a 50-basis-point cut. By midweek, that number had dropped to a paltry 10%, only to shoot back up to 50% by Friday afternoon, spurred ...
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
The dollar bounced, long-dated bond yields were up and Asian stocks rose after the U.S. Federal Reserve announced a 50-basis-point rate cut and flagged that its ...
Stocks struggled for direction as a watchful tone spread across global markets before the Federal Reserve’s interest-rate decision.
Fed Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in ...